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Chapter 14

BU354 Chapter Notes - Chapter 14: Third Country National, Corporate Social Responsibility


Department
Business
Course Code
BU354
Professor
Chet Robie
Chapter
14

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BU354 CHAPTER 14
HUMAN RESOURCES IN A MULTINATIONAL ENTERPRISE
BUSINESS ECOSYSTEM: A series of tightly knit intercompany relationships, allowing a
business to attain a competitive advantage
INTERNATIONAL HUMAN RESOURCE MANAGEMENT (IHRM): The worldwide
management of talent from a staffing perspective, including HR support across many
countries and the employment of different nationals
GLOBAL HUMAN RESOURCE MANAGEMENT (GHRM): An IHRM process that views HRM
in a global context as one that contributes to organizational capabilities
Four Stages of Corporate Evolution
o Domestic Firms Opeates locally but some larger domestic firms may export
their products or services as they expand
o International Firms Exportign becomes part of organizational plans, these
firms expand to the nearest border and focus on marketing
PARENT COUNTRY NATIONAL (PCN): Citizen of the country where the
headquarters is located
HOST COUNTRY NATIONAL (HCN): Citizen of a country of a foreign
subsidiary, hired to work at a subsidiary located in their home country
THIRD COUNTRY NATIONAL (TCN): Citizen of a country other than the
parent country or the host country
o MULTINATIONAL ENTERPRISE (MNE): An organization that has operations and
subsidiaries around the globe
o Global Firms Do not have any borders, operate on the assumption that
products or services can be created anywhere, and the world is seen as one big
market to be tapped for resources
Transnational Firms Have central headquarters but delegate things to
foreign markets
CONTEXTUAL FACTORS
External Contextual Factors
o Country Culture Developing a greater understanding of a culturally diverse
work environment with its varying degrees of work ethics, norms, values and
business protocols. Cultural Dimensions
ASSERTIVENESS: Focuses on how assertive people are in society and the
degree to which they are confrontational
GENDER DIFFERENTIATION: how society views difference in gender roles
and affords higher status to certain roles
UNCERTAINTY AVOIDANCE: Degree to which people are consistent and
seek structure in their lives
POWER DISTANCE: Degree to which people are separated by power and
authority
IN-GROUP COLLECTIVISM: Degree to which society feels loyal toward
their family or other collective group
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